Furetank offsets remaining emissions – reaching zero for new ships 2021

In striving for zero climate impact, it is impossible to eliminate all emissions at once. With the new Vinga vessel series, Furetank has more than halved CO2 emissions. Now the company offsets the rest of their impact through certified carbon credits, all the way down to zero for 2021.

Through an optimised ship design and LBG/LNG propulsion, Furetank’s new Vinga series has reached a 55 percent reduction of CO2 emissions compared to the previous generation of vessels. The goal is to reach zero by running the vessels entirely on renewable, liquid biogas, but today the supply is just not sufficient.

“I feel great about halving the emissions from the new ships, we have done everything we possibly could to limit our climate footprint. But we don’t want to settle there. To show that we are serious in our ambitions and push forward even further, we turn to climate compensation,” said Lars Höglund, CEO of Furetank.

The company has compensated all remaining emissions from the four Vinga vessels owned by Furetank for the entire year of 2021. The method used is carbon offsetting, which means purchasing an amount of certified carbon credits equivalent to the CO2 emissions caused by one’s operations. Each credit corresponds to one tonne of CO2.

The credits are certified through Gold Standard, the world’s most acknowledged climate compensation registry, approved by the WWF and other renowned organisations. They validate and transfer funding to renewable energy projects worldwide, accelerating the global transition away from a fossil-based economy.

For Furetank, supporting production of biogas and solar power through carbon credits is not a final destination but a good step on the way. Meanwhile they continue to work on reducing their own emissions all the way down to zero, with lots of new progress to be revealed during 2022.

“I feel great about this compensation, I am certain that it makes a difference. We believe it is the right way to go: to help others do the best thing alongside our own efforts,” added Höglund.

For more information visit www.furetank.se